Gulf could be ‘most powerful economic region in the world’

Gulf could be ‘most powerful economic region in the world’

Leading American rabbi Marc Schneier noted that the Gulf could develop into "the most powerful economic region in the world“ with cooperation between Israel and all six GCC nations. "It's a different region today,“ explained. "You have this wonderful cooperation now between the Gulf nations and Israel.

"So it all comes back to Muslim-Jewish relations. There are no two faith communities that have more in common than Muslims and Jews.“ Schneier said that such economic opportunities should be one of the main driving factors in the establishment of peace between the Israelis and Palestinians, as well as in the reconciliation between Bahrain, Saudi Arabia, the UAE and Qatar.

"I believe in the two-state solution, but more importantly I believe in an economic solution,“ Schneier said. "I was here 18 months ago, I